An “Automotive Vendor Profiles” report from Strategy Analytics’ Automotive Electronics Service charts the relative successes and failures of the leading global automotive electronics vendors. Canada’s Magna International is the fastest- growing automotive supplier, with an average annual growth rate of more than 20% growth in the last five years.
“Analysis of the five-year average growth rates of the main companies in this report shows that North American-based companies are surpassing last year’s Japanese companies in this sector,” said Automotive Electronics Service director Ian Riches. Six of the top 15 fastest-growing companies are North American-based, five European and four Japanese.